Latest news with #ArkansasEconomicDevelopmentCommission
Axios
21-05-2025
- Business
- Axios
Arkansas launches community grant program
The Arkansas Economic Development Commission will administer a new Community Assistance Grant Program to help reduce poverty and promote self-sufficiency. Why it matters: The program is designed to fill funding gaps for "projects that fight childhood food insecurity, address unemployment, promote education, offer resources for victims of crime, and provide housing, nutrition or emergency services to promote self-sufficiency," according to a news release Monday announcing the effort. State of play: Gov. Sarah Huckabee Sanders will ask the Arkansas Legislative Council for $15 million to fund it, but it's not yet listed on the council's agenda. Eligible community-based nonprofits will be able to apply for up to $1.5 million per year. Yes, but: Applicants will be required to match grant awards with cash, in-kind labor or in-kind land. What they're saying:"If we're going to help every corner of our state thrive, then the effort is going to come from the bottom up – not just from the top down," Sanders said in the news release.
Yahoo
19-05-2025
- Business
- Yahoo
Arkansas Gov. Sarah Huckabee Sanders initiates Community Assistance Grant Program
Video: Gov. Sanders, Arkansas Office of Skills Development hand out over $20 million in grants LITTLE ROCK, Ark. – Arkansas Gov. Sarah Huckabee Sanders announced on Monday that her office was initiating a program to fill funding gaps in the state. The announcement stated the $15 million program would provide Community Assistance Grants for projects that reduce poverty, promote self-sufficiency and revitalize communities. Sanders' office is working with the Arkansas Economic Development Commission to develop and administer the program. Gov. Sanders vetoes two bills on last day of legislative session The governor's office is seeking the Arkansas Legislative Council's approval of the program's required $15 million. Officials said that under the program, community-based nonprofits and cities will be able to apply for up to $1.5 million grants per fiscal year to support quality of life. Food banks and foster care support were among the examples of programs the grants would support. Applicants will be required to match grant awards with cash, in-kind labor, or in-kind land. Match amount determination is on a case-by-case basis during the application review process. Arkansas Gov. Sarah Huckabee Sanders announces plan to remove sugary foods from SNAP The application period will be from May 19 through July 31, and funding award announcements are expected in early Fall 2025. 'If we're going to help every corner of our state thrive, then the effort is going to come from the bottom up—not just from the top down,' the governor said. 'The goal of the Community Assistance Grant program is to fund programs that are making a real difference in Arkansans' lives.' Arkansas Gov. Sarah Huckabee Sanders signs bill blocking PBM ownership of pharmacies into law Additional information on the program is available at the Arkansas Economic Development Commission's website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
